Because Discontinued Segments of a Business Will Not Be Part

question 64

True/False

Because discontinued segments of a business will not be part of the company's future operations, discontinued operations are disclosed separately on the income statement.

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Definitions:

Primary Process

A term from psychoanalytic theory that describes the irrational and instinctual thought processes of the unconscious mind.

Condensation

In psychoanalytic theory, the method of primary process thinking in which several ideas are compressed into one.

Displacement

In psychoanalytic theory, the defense mechanism that redirects an impulse from a dangerous target to a safe one.

Superego

A component of Sigmund Freud's psychoanalytic theory, representing the moral conscience and ethical standards of the psyche.